Grapevine, TX 76051 Real Estate Market Report

ZIP Code: 76051
Report Date: May 2026
Market Temperature: HOT
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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Property Taxes

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Liquidity & Velocity

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Market Trends & Context

Understanding Market Temperature

A Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

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Key Findings

1. median sold price is unavailable in the provided metrics, which limits use of completed-transaction pricing as a definitive market-value anchor; this metric may be missing because the sample contained few completed sales or the analyzed dataset did not report a representative sold-price aggregate.

2. The median listing price: $662,450 combined with a hot market temperature and a price year-over-year trend that is up suggests sellers are pricing aggressively and recent asking-price direction remains positive.

3. A median days on market: 96 signals slower sales velocity relative to a typical hot market and, when paired with the sampled elevated inventory relative to sales activity, may indicate pricing friction or buyers exercising greater selectivity.

4. Supportive fundamentals for landlords are present: median market rent: $1,890 and rent year-over-year trend up, while median price per square foot: $266 and elevated interest rate pressure (elevated) suggest financing costs are a headwind that may temper near-term buyer absorption.

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Notable Properties

The following 2 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.